CR Works Inc

Analysis

CR Works Inc is a registered charity in United States, based in Gary, IN. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, CR Works Inc reported income of $122k and spending of $224k, spending 184% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $83k to $122k (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 178% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, CR Works Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within IN. Charities of a similar size with the same main cause include Stockton Heritage Association Inc ($122k), Alvin Sunrise Rotary Foundation ($122k) and Kiwanis Doernbecher Children Cancer Program KDCCP ($122k).

Compensation of current officers, directors and key employees was $29k (13% of expenses). Other salaries and wages came to $24k. At year end it held assets of $1.3m against liabilities of $125k, net assets of $1.1m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.